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Topic: The crypto market has changed and I think its a sign of mass adoption - page 5. (Read 782 times)

sr. member
Activity: 812
Merit: 436
The crypto market always appears of high relevance because of the importance it serves to the financial economy, there have been diverse opportunities coming in through this, investing in bitcoin is one of the greatest choice to make in cryptocurrency, when the market goes volatile, then it brings in the openness to make profitable investment a reality on every investors, the value placed on the cryptocurrencies are base of their important roles, market cap and volume altogether with the demand and supply rates, bitcoin top the leads in this regard and is the people's best and most preferred digital currency.
hero member
Activity: 3010
Merit: 794
Last few years I have been over hearing people talk about crypto/trading/altcoins/exchanges in public transport and when I first came to this forum, it was nowhere present here. So defenitely people have become more aware and knowledgeable about crypto and its use.

But bitcoin
If the price of bitcoin organically grows the next few years, governments will be forced to accept crypto into regular trading and then see the boom in price, its already started but has a huge potential.
Government wont really be going into the verge on being forced on accepting crypto into their vicinity.It would really be depending on various reasons on which they would really be making out such consideration
but in overall they would really be always having the final say on how things should really be that taken and we know that government doesnt really like decentralized things on which it would really be that so common that they would really be that rejecting the overall idea and acceptance of it due to that particular reason. Mass adoption? It is really that something inevitable because we are still a decade+ on existence but we could really
make out that comparison in between adoption rate and recognition in between those early years upto this present.

Talking about its existence would really be that more rampant specially if the market would really be making up some noise specially on bull run season. On the time that they would be hearing out those
people who do make money then this is where people do usually jump in. Its not really that something unavoidable because human beings do really get attracted with money making things rather than on utility.  Cry
Charts dont lie and we do really see those significant jumps and indicators about huge buys but we cant really point out that those are really that made up by tons of people or simply a
whale move.
legendary
Activity: 2436
Merit: 1561
So, if I understand correctly, the "Entities Net Growth" (orange line) represents new addresses (to which some deposits have been made) and not total active addresses?

However, one thing stands out, and that is the enormous spike that occurred during the bottom of the $15k bear market last year. This spike even exceeds the bull market's 2021 level.
It has got to be in relation to some events outside of normal market activities. Maybe people getting spoofed by FTX or Binance troubles and moving funds away either different exchanges or to non-custodial wallets? There's no way this is an organic growth.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
Last few years I have been over hearing people talk about crypto/trading/altcoins/exchanges in public transport and when I first came to this forum, it was nowhere present here. So defenitely people have become more aware and knowledgeable about crypto and its use.

But bitcoin
If the price of bitcoin organically grows the next few years, governments will be forced to accept crypto into regular trading and then see the boom in price, its already started but has a huge potential.
member
Activity: 64
Merit: 32
As much as we would all like to give the impression that the cryptocurrency market can be predicted with certainty using numerous theories, such as the 4-year cycle theory, which is meant to anticipate both bull and bear markets. While all of this has historically been demonstrated a few times, there is no denying that the landscape of the entire cryptocurrency market has fundamentally shifted as a result of this recent mainstream adoption.

And given that most people today have heard of the term "Crypto," it would be ridiculous to apply the same sets of regulations to a Crypto market that was previously only known to those who invested money in it.

The growth of new entities (Addresses) entering the cryptocurrency market can be seen in this chart, and it is obvious that each spike corresponds to a bull market. However, one thing stands out, and that is the enormous spike that occurred during the bottom of the $15k bear market last year. This spike even exceeds the bull market's 2021 level.

This is tremendously bullish, showing the first signs of true broad adoption and how far cryptocurrency has come that we can even experience such euphoria in the midst of a bad market.

We can also see this when we consider the practically constant "Bitcoin" trendings on Twitter/X and that even in current bear market, suggesting that the cryptocurrency environment may have actually altered to a point of no-return. Regardless of the short-term pricing, cryptocurrencies have really become a topic of conversation for individuals every day and I think this is something we all agree on.
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